California Public Employees Retirement System Portfolio holdings
The California Public Employees’ Retirement System (CalPERS), established in 1932 and headquartered in Sacramento, California, is the largest public pension fund in the U.S., managing over $510 billion in assets as of late 2024 to provide retirement and health benefits to more than 2 million state and local government employees, retirees, and their families. Operating as a defined benefit plan, CalPERS invests globally across equities, fixed income, real estate, private equity, and infrastructure, guided by a 13-member board and a commitment to sustainable investing and ESG (environmental, social, governance) principles under Chief Investment Officer Ben Meng since 2024. Known for its influential shareholder activism—pushing for corporate governance reforms—CalPERS serves over 3,000 employers, including state agencies and school districts, balancing long-term funding needs with a $100 billion unfunded liability challenge. As a cornerstone of California’s public sector, it blends financial stewardship with a mission to secure retiree livelihoods.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apollo Global Management
APO
|
+$733M |
| 2 |
Verizon
VZ
|
+$194M |
| 3 |
EOG Resources
EOG
|
+$189M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$55.3M |
| 5 |
Perrigo
PRGO
|
+$48.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$52.7M |
| 2 |
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
|
+$35.3M |
| 3 |
Vodafone
VOD
|
+$33.7M |
| 4 |
Voya Financial
VOYA
|
+$30.5M |
| 5 |
Walmart Inc
WMT
|
+$26.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.28% |
| 2 | Technology | 13.7% |
| 3 | Healthcare | 12.53% |
| 4 | Industrials | 11.17% |
| 5 | Energy | 9.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WLB
2501
DELISTED
Westmoreland Coal Company
WLB
| $1.04M | ﹤0.01% |
33,600
| – | – |
|
2502
STAG Industrial
STAG
$7.12B
| $1.04M | ﹤0.01% |
43,700
+200
| +0.5% | +$4.46K |
|
|
HDNG
2503
DELISTED
Hardinge Inc
HDNG
| $1.04M | ﹤0.01% |
73,050
-15,700
| -18% | -$224K |
|
|
ACTA
2504
DELISTED
Actua Corp
ACTA
| $1.04M | ﹤0.01% |
53,198
+3,300
| +7% | +$65K |
|
2505
Miller Industries
MLR
$640M
| $1.04M | ﹤0.01% |
54,749
| – | – |
|
|
DWA
2506
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $1.04M | ﹤0.01% |
39,200
-25,293
| -39% | -$797K |
|
2507
Green Dot
GDOT
$770M
| $1.04M | ﹤0.01% |
53,000
+27,700
| +109% | +$613K |
|
|
NILE
2508
DELISTED
Blue Nile, Inc.
NILE
| $1.03M | ﹤0.01% |
30,100
| – | – |
|
|
FSYS
2509
DELISTED
FUEL SYSTEMS SOLUTIONS INC COM STK
FSYS
| $1.03M | ﹤0.01% |
101,052
-3,500
| -3% | -$43.2K |
|
|
JRN
2510
DELISTED
JOURNAL COMMUNICATIONS INC CL-A
JRN
| $1.03M | ﹤0.01% |
122,100
-36,300
| -23% | -$322K |
|
2511
Lifecore Biomedical
LFCR
$179M
| $1.03M | ﹤0.01% |
89,600
| – | – |
|
2512
DHI Group
DHX
$174M
| $1.03M | ﹤0.01% |
142,700
+23,900
| +20% | +$172K |
|
|
DALN
2513
DELISTED
DallasNews
DALN
| $1.02M | ﹤0.01% |
22,820
+6,100
| +36% | +$238K |
|
2514
DMC Global
BOOM
$153M
| $1.02M | ﹤0.01% |
54,200
-7,800
| -13% | -$165K |
|
|
CNCE
2515
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $1.02M | ﹤0.01% |
+85,000
| New | +$1.2M |
|
2516
1-800-Flowers.com
FLWS
$261M
| $1.02M | ﹤0.01% |
186,390
-34,800
| -16% | -$184K |
|
|
YDKN
2517
DELISTED
Yadkin Financial Corporation
YDKN
| $1.02M | ﹤0.01% |
48,805
| – | – |
|
|
VIRX
2518
DELISTED
Viracta Therapeutics, Inc. Common Stock
VIRX
| $1.02M | ﹤0.01% |
800
+245
| +44% | +$285K |
|
|
SCNB
2519
DELISTED
Suffolk Bancorp
SCNB
| $1.01M | ﹤0.01% |
45,400
-4,100
| -8% | -$83.4K |
|
|
CTG
2520
DELISTED
Computer Task Group, Inc.
CTG
| $1.01M | ﹤0.01% |
60,200
+1,000
| +2% | +$16.9K |
|
|
FLY
2521
DELISTED
Fly Leasing Limited
FLY
| $1.01M | ﹤0.01% |
69,800
+55,500
| +388% | +$855K |
|
|
RPTP
2522
DELISTED
RAPTOR PHARMACEUTICAL CORP COM STK (DE)
RPTP
| $1.01M | ﹤0.01% |
113,300
+67,700
| +148% | +$978K |
|
|
YGE
2523
DELISTED
Yingli Green Energy Holding Comp
YGE
| $1.01M | ﹤0.01% |
24,430
-15,860
| -39% | -$953K |
|
2524
Amtech Systems
ASYS
$280M
| $1.01M | ﹤0.01% |
100,830
-34,100
| -25% | -$355K |
|
2525
NACCO Industries
NC
$316M
| $1.01M | ﹤0.01% |
83,925
-30,639
| -27% | -$402K |
|
Similar funds
California Public Employees Retirement System's Q1 2014 Portfolio in Review
As of Q1 2014, California Public Employees Retirement System held 4,098 positions worth $70B, up 1.4% from $69B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
California Public Employees Retirement System's Q1 2014 filing shows 121 new, 1,404 increased, 1,294 reduced and 336 closed positions. Its largest new stake was Perrigo: 310,076 shares worth $46M. The largest sale was State Street SPDR S&P Emerging Markets Small Cap ETF, an estimated $52.7M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q1 2014 buy was Perrigo: 310,076 shares worth $46M.
- California Public Employees Retirement System added most to Apollo Global Management in Q1 2014, an estimated $733M increase.
- California Public Employees Retirement System's biggest Q1 2014 reduction was State Street SPDR S&P Emerging Markets Small Cap ETF, cutting an estimated $52.7M.
- California Public Employees Retirement System fully exited LIFE TECHNOLOGIES CORP COM STK (DE) in Q1 2014, selling an estimated $35.3M.
- California Public Employees Retirement System's ten largest holdings make up 13% of its $70B portfolio in Q1 2014.
- California Public Employees Retirement System opened 121 new positions and closed 336 in Q1 2014.
- California Public Employees Retirement System's portfolio value rose 1.4% quarter-over-quarter to $70B.
Based on California Public Employees Retirement System's 13F filing for Q1 2014, filed 18 Apr 2014.